Saturday, August 13, 2016

MS Fashion Stores open doors Monday after bankruptcy – NU.nl

Curator and bank have informed that Saturday in a joint statement.

It’s 130 stores throughout the Netherlands employing a total of about 840 people (660 full-time jobs). We are now waiting for a buyer, and there is talk with candidates

Clothing Chain MS Mode early -. Compelled by difficult market conditions – Friday, August 5th moratorium and Thursday declared bankrupt

<. p> There is recent days tough negotiation on a solution. As well as curator bank is satisfied with the result and called the settlement “in the interest of all concerned.” Moreover, this increases the potential for a restart of (parts of) MS Mode.



Curator

“There is a good agreement, that can help us quickly find a buyer for MS Mode may find, “says curator Frits Kemp.

” We are pleased that constructive consultation with Rabobank, a solution has been reached and the shops and shop open again. There are several candidates for MS Mode allows calls conducted and will be conducted. “

Rabobank says to be happy for the medewerkerks and customers of the store and said he hoped as many jobs could be maintained.

By: Reuters

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